Of course you appreciate your employees, but in the midst of hectic daily operations, you may not always have time to tell them. It’s no secret that employees who feel valued work harder and help to build a positive and productive work culture. Rather than telling them, why not show your employees just how much their hard work and dedication means with a custom award? Recognizing your employees is a win for everyone. If you’ve never considered adopting this annual tradition before, here are some reasons you should start thinking about it.
3 Ways Award Ceremonies Benefit Your Workplace
1. Fosters a Positive Workplace Environment
Though a custom award such as a trophy or engraved gift may seem like such a small token of appreciation, it’s the symbolic gesture behind it. When they feel like their work matters, they’re happier to do it. Recognition promotes increased confidence and self-esteem. This translates to increased productivity, which, depending upon the nature of your business may also mean increased sales and profits. These good vibes also translate to better relations with you, their boss, and their coworkers as well.
2. Boosts Motivation & Productivity
When employees feel undervalued and like the work they do doesn’t matter, there’s little incentive to give their all. Studies show that only 34 percent of employees are actively engaged in their jobs. That leaves 53 percent of your workforce who lack motivation and are therefore less likely to care about the goals and outcomes of the company as a whole. An annual rewards ceremony not only shows your employees that their hard work is valued, but it also helps them to see themselves as part of something bigger. A custom award that your employee can display shows them you took the time to appreciate them and reminds them they’re valued.
3. Increases Retention
Recognized employees are less likely to be dissatisfied with their job and leave. A study by the U.S. Bureau of Labor Statistics showed that one of the biggest reasons employees leave is due to a perceived lack of respect. Showing employees they’re valued helps to change this perception. Keeping top-talent on board isn’t just important for the ease of your daily operations; it’s also financially beneficial. Recruiting and training take time and money. And, while you’re training new employees, your ex-employees will be taking their experience and expertise elsewhere, possibly to one of your competitors.
Considering hosting your first annual awards ceremony? Total Recognition in Dalton, GA, is your one-stop-shop for custom awards. From trophies to medals and even crystal plaques, you’ll find everything you need to show your employees just how much you appreciate their hard work and dedication. Spa days and gift cards are nice, but custom awards like engraved plaques are forever. Stop by their website to see their full list of custom award options and services or call them today at (706) 278-0077 with any questions.
